Steel Industry News Highlights
TISCO Xinha Successfully Rolls 2.0×1535mm Thin Plate in One Operation
Recently, TISCO Xinha in Shandong has successfully rolled a 2.0×1535mm specification thin plate in a single operation. This rolling process has set higher standards for equipment p...
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Stainless Steel Crude Steel Production in the First Quarter Grew by 5.5% YoY to 14.585 Million Tons
Brussels, July 12, 2024 - The World Stainless Steel Association has released data for the first three months of 2024, indicating that the production of stainless steel crude steel has...
Fujian Two Deep Processing Projects Environmental Impact Report Publicity 🏭
Recently, the Ningde Municipal Ecology and Environment Bureau has made the approval opinions for the environmental impact report forms of Fujian Jixing Stainless Steel Deep Processing Project and Fujian Liansheng Stai...
Jiangsu Yongjin Successfully Applies for a New Patent
On July 16, 2024, Jiangsu Yongjin Metal Technology Co., Ltd. successfully applied for a patent titled "A Stainless Steel Bright Annealing Furnace with a Circulating Cooling Function". The application publication number is CN118345238A, an...
📢 Shanghai Futures Exchange Solicits Public Opinion on Futures Options Contracts for Lead, Nickel, Tin, and Aluminum Oxide
Source: Shanghai Futures Exchange Release
[2024] No. 108
According to the "Futures and Derivatives Law of the People's Republic of China," "Regulations on the Administra...
Successful One-time Rolling of 2.0×1535mm Thin Slab at Taigang Xinhai
Recently, Taigang Xinhai successfully rolled the 2.0×1535mm specification thin slab into a coil in one go.
This rolling process set higher requirements for equipment precision, level of automation control, and the op...
Chromium Iron Market Overview
First Quarter Review:
During the first quarter, large steel tender prices were stable, with the main market price around 8,600 yuan per 50 basic tons. Tsingshan announced a significant increase in April's chromium iron steel tender price, up by 500 yuan per 50 ba...
Research on the Implementation of New National Standard Reinforcement Production by Major Steel Mill Brands in the East China Market
My Steel Network News: On July 15th, steel enterprises such as Zhongtian Steel and Zhongxin Steel have successively announced the switch to new production stand...
Rio Tinto's Second Quarter Sales Hit a Four-Year High
Mysteel Network News: Rio Tinto, an Australian iron ore producer, released its production and sales report for the second quarter on July 16, 2024. According to the report, the total iron ore sales volume of Rio Tinto's Australian and Cana...
Product Price Policy Adjustment for Ansteel and Benxi Steel in August 2024
Anji and Benxi Steel have announced their product price adjustments for the month of August 2024, based on the previous month's pricing policy. Here are the details:
Ansteel's Price Adjustments
Hot Rolled: Decreased...
2024 Steel Price Forecast: A Tale of Two Halves
Core Insights
Throughout the year, with the continuous downturn in smelting profits, the elasticity of profits has significantly narrowed, shifting the main factors affecting steel price fluctuations towards raw materials. In the first half of...
📈 Coke Price Increase Rumors and Future Market Trends 📉
My Steel News: Looking back at the recent market, the coke market has generally shown a strong trend. On the 26th, the mainstream steel mills in Hebei and Shandong markets raised the purchase price of coke, with a wet coke price increase...